NZD/USD is rising the resistance level which is an overlap resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.6104 Why we like it: There is an overlap resistance level which aligns with the 50% Fibonacci retracement. Stop loss: 0.6128 Why we like it: There is a pullback resistance level. Take...
The Kiwi (NZD/USD) has bounce of the pivot which has been identified as a pullback support and could potentially rise to the 1st resistance which acts as an overlap resistance. Pivot: 0.6071 1st Support: 0.6050 1st Resistance: 0.6107 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can...
NZDUSD has been in an uptrend and after a slight downward consolidation we can expect it to move bullish again. Also we can see that there is a ABCD haramonic pattern with a 30Min Bullish Div.
The Kiwi (NZD/USD) is falling towards the pivot which has been identified as an overlap support and could bounce to the 1st resistance which acts as a pullback resistance. Pivot: 0.6103 1st Support: 0.6084 1st Resistance: 0.6145 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford...
NZD/USD is falling towards a support level which is an overlap support that aligns with the 38.2% Fibonacci retracement and could bounce from this level to our take profit. Entry: 0.6100 Why we like it: There is an overlap support that aligns with the 38.2% Fibonacci retracement. Stop loss: 0.6069 Why we like it: There is a pullback support level which is...
The Kiwi (NZD/USD) is currently on the pivot and could rise to the overlap resistance level. Pivot: 0.6046 1st Support: 0.6007 1st Resistance: 0.6100 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so...
NZD/USD is falling towards a support level which is a pullback support that aligns with the 127.2% Fibonacci extension and could potentially bounce from this level to our take profit. Entry: 0.6037 Why we like it: There is a pullback support that lines up with the 127.2% Fibonacci extension. Stop loss: 0.6006 Why we like it: There is a pullback support level...
Timeframe: H4 Trend: Continuation of the uptrend Support/Resistance: Look for the price to bounce off the support, and the bullish trendline which coincides with the 50% Fibonacci retracement level. TSRI MACD: Crossover to signal buying opportunity SL: 20 pips below the support level. TP: 100 pips at the resistance level.
Price is rising towards the pivot which is a pullback resistance and could fall to the pullback support. Pivot: 0.6101 1st Support: 0.6048 1st Resistance: 0.6144 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all...
NZDUSD – technical overview Overall pressure remains on the downside with the market continuing to stall out on runs up into the 0.6500 area. At the same time, there are some signs of the market wanting to put in a longer-term base. Ultimately, a break back above 0.6500 would be required to take the medium-term pressure off the downside and encourage this...
NZDUSD - 24h expiry Previous support level of 0.6100 broken. Further downside is expected. Risk/Reward would be poor to call a sell from current levels. Short term RSI has turned negative. The measured move target is 0.6040. We look to Sell at 0.6100 (stop at 0.6124) Our profit targets will be 0.6040 and 0.6025 Resistance: 0.6090 / 0.6100 /...
Nice head and shoulders on the daily. Clean break of the neckline and the previous day low. Dxy is bullish and looking strong. I will be taking the follow trade on NZD/USD MARKET SELL NOW ENTRY - 0.60781 SL - 0.61418 63 PIPS TP - 0.58534 224 PIPS
The NZDUSD pair has been trading within a Channel Down on the 1D time-frame since the February 02 2023 High. The price almost reached the 0.786 Fibonacci retracement level, which has formed both previous Lower Highs. As the pair completed a 1D Golden Cross today, traders might immediately think that this is a bullish signal, as theory suggests but in the past 18...
NZD/USD is currently on a support level which is a pullback support and could rise from this level to our take profit. Entry: 0.6103 Why we like it: There is a pullback support level. Stop loss: 0.6047 Why we like it: There is a pullback support level which aligns with the 50% Fibonacci retracement. Take profit: 0.6168 Why we like it: There is an overlap...
NZDUSD - 24h expiry Indecisive price action has resulted in sideways congestion on the daily chart. RSI (relative strength indicator) is flat and reading close to 50 (mid-point) highlighting the fact that we are non- trending. RSI (relative strength indicator) is flat and reading close to 50 (mid-point) highlighting the fact that we are non- trending. A move...
NZD/USD is rising towards a resistance level which is an overlap resistance that aligns with the 61.8% Fibonacci retracement and could potentially reverse from this level to our take profit. Entry: 0.6168 Why we like it: There is an overlap resistance level which aligns with the 61.8% Fibonacci retracement. Stop loss: 0.6215 Why we like it: There is a pullback...
NZD/USD has just bounced off the support level which is a pullback support and could rise from this level to our take profit. Entry: 0.6101 Why we like it: There is a pullback support level. Stop loss: 0.6048 There is a pullback support level that lines up with the 138.2% Fibonacci extension. Take profit: 0.6169 Why we like it: There is an overlap resistance...
The Kiwi (NZD/USD) has reacted off the pivot which acts as a pullback support and could rise to the 1st resistance. Pivot: 0.6103 1st Support: 0.6048 1st Resistance: 0.6167 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for...